Ahasolar Technologies Secures Major Consulting Project with HPCL Renewable and Green Energy Limited

Saturday, 13 July 2024, 10:30

A debt-free solar company, Ahasolar Technologies, has landed a new order worth Rs 40,00,000 from HPCL Renewable and Green Energy Limited, leading to a significant 65.3% increase in its stock value. The consultancy contract involves providing services for DFR Floating Solar projects at multiple HPCL locations, emphasizing project management and site supervision over a sixteen-month period.
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Ahasolar Technologies Secures Major Consulting Project with HPCL Renewable and Green Energy Limited

Debt-Free Solar Company's Contract Win with HPCL Renewable Energizes Investors

Ahasolar Technologies Limited has secured a domestic consultancy contract valued at approximately Rs 40 lakh from HPCL Renewable and Green Energy Limited. The contract entails providing consultancy services for DFR Floating Solar projects at Nachana, HRRL Pachpadra, and Vizag Refinery, encompassing tender preparation and evaluation, project management consultancy, and site supervision.

  • The stock is up by 65.3% from its 52-week low of Rs 203 per share.
  • This sixteen-month project involves a comprehensive range of consultancy services to support the development of floating solar installations at the specified HPCL locations.

This article was prepared using information from open sources in accordance with the principles of Ethical Policy. The editorial team is not responsible for absolute accuracy, as it relies on data from the sources referenced.


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